Carvana (CVNA) Return on Invested Capital (2021 - 2026)
Carvana (CVNA) posted quarterly Return on Invested Capital of 0.28% for Q2 2026, down 34.0% year-over-year from 0.43% in Q2 2025, and down 58.3% quarter-over-quarter from 0.18% in Q1 2026.
Carvana (CVNA) Return on Invested Capital (2021 - 2026) Analysis & Trends
Carvana's Return on Invested Capital history runs 6 years deep, the most recent figure standing at 0.28% for Q2 2026.
- In Q2 2026, Return on Invested Capital fell 34.0% year-over-year to 0.28%; the TTM figure through Jun 2026 stood at 0.28% (down 34.0% YoY), while the FY2025 annual figure was 0.65%, down 67.0% from the prior year.
- Return on Invested Capital for Q2 2026 stood at 0.28%, down from 0.18% in the prior quarter.
- The five-year high for Return on Invested Capital was 0.06% in Q3 2025, with the low at 0.28% in Q2 2026.
- The 5-year median for Return on Invested Capital is 0.0% (2022), against an average of 0.02%.
- The sharpest annual moves came in 2025 and 2026: Return on Invested Capital increased 6 bps in 2025, then sank 34 bps in 2026.
- Carvana's Return on Invested Capital stood at 0.0% in 2022, then surged by 93 bps to 0.0% in 2023, then soared by 8205 bps to 0.01% in 2024, then sank by 1275 bps to 0.15% in 2025, then plunged by 89 bps to 0.28% in 2026.
- Business Quant data shows CVNA's Return on Invested Capital at 0.28% in Q2 2026, 0.18% in Q1 2026, and 0.15% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 77.40 Bn | 77.39 Bn | - | - |
| 2 | Carvana | 51.06 Bn | 48.31 Bn | 1.38 Bn | -0.28% |
| 3 | Penske Automotive | 14.26 Bn | 14.19 Bn | 1.36 Bn | 0.01% |
| 4 | Lithia Motors | 8.57 Bn | 8.21 Bn | 1.50 Bn | 0.04% |
| 5 | Carmax | 8.28 Bn | 7.68 Bn | 854.41 Mn | 0.00% |
| 6 | Autonation | 7.01 Bn | 6.96 Bn | 1.23 Bn | 0.01% |
| 7 | Autozi Internet Technology (Global) | 6.78 Bn | 6.59 Bn | - | - |
| 8 | Rush Enterprises Inc \Tx\ | 6.31 Bn | 6.04 Bn | 361.67 Mn | 0.02% |
| 9 | Valvoline | 4.29 Bn | 4.20 Bn | 214.90 Mn | 0.02% |
| 10 | Openlane | 4.27 Bn | 4.08 Bn | 248.20 Mn | 0.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.28% |
| Mar 31, 2026 | -0.18% |
| Dec 31, 2025 | -0.15% |
| Sep 30, 2025 | 0.06% |
| Jun 30, 2025 | 0.05% |
| Mar 31, 2025 | 0.03% |
| Dec 31, 2024 | 0.01% |
| Sep 30, 2024 | 0.01% |
| Jun 30, 2024 | 0.00% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 0.00% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 0.00% |